One-Page Deal Sheet
Williams Co. Partners with Rex Energy on Marcellus Shale Drilling
Williams Companies, Inc. Rex Energy Corp
Announced Date
June 25,2009
Close Date
June 25,2009
Transaction Type
JV
Enterprise Value (EV)($MM)
33
Location
Calculated Metrics( EV/Category)
Region
Northeast
Country
United States
State
Pennsylvania
County
Westmoreland ,Clearfield
Play
Calculated Metrics( EV/Category)
$/ Acre
Transaction Details: Subscribe to see
Williams Cos. Inc., plans to acquire a 50% interest in Rex Energy Corp., State College, Pa., leasehold interests in Westmoreland, Clearfield and Centre counties in Pennsylvania, covering approximately 44,000 net acres for approximately $33 million, which will be paid through a drill to earn structure.
This initial entry of our exploration and production business into the Marcellus is an ideal growth opportunity, given our long experience in developing nonconventional natural gas reserves, such as tight sands, coalbed methane and shale says, Steve Malcolm, Williams chairman, president and…
| Announced Date | Buyer | Seller | Deal Value($mm) | Location | Category |
|---|---|---|---|---|---|
| Jan-24-2020 |
-  |
- |
Click here | Pennsylvania | E&P |
| Dec-19-2019 |
- |
- |
Click here | Ohio | E&P |
| Oct-21-2019 |
- |
- |
Click here | Pennsylvania | E&P |
| Jul-19-2019 |
- |
- |
Click here | Pennsylvania | E&P |
| Jul-19-2019 |
- |
- |
Click here | Pennsylvania | E&P |
| Date | Deal Headline | Price | $/acre |
|---|---|---|---|
| Feb-02-2026 | Devon Acquires Coterra Energy; Bulk Up on Permian, Adds Gas Bank | - |
- |
| Dec-08-2025 | Antero Resources Acquires HG Energy II for $3.9B | - |
- |
| Apr-22-2025 | EQT Acquires Olympus Energy Assets For $1.8 Billion | - |
- |